Policy challenges of new technology4 min read . Updated: 23 Apr 2018, 10:50 PM IST
The fourth industrial revolution and 5G connectivity offer a once-in-a-generation economic opportunity, but capitalizing on the shift requires creative policy reforms
In the old fairy tale of Cinderella, when the clock strikes 12, Cinderella’s opulent carriage turns into a pumpkin and the horses drawing the carriage turn into mice. Every so often in the business world, the clock strikes 12 and past achievements or failures cease to matter. Technological change resets the starting line as business models and assets—even those having long records of generating profuse amounts of cash—turn into pumpkins and mice.
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